Forensic Analysis · General / Diversified · as of Jun 27, 2026
ROGERS CORP (ROG)
A forensic read on ROGERS CORP built from its complete SEC filings — financial-health screens, earnings quality, red flags and a price-aware rating. Reproducible math, not opinion.
C · Mixed — selective
Forensic grade
Safe
Financial health
9.4
Altman Z-score
Clean
Earnings quality
3
Forensic signals
-4.7%
ROE
$2.9B
Market cap
ROGERS CORP earns a C (Mixed — selective) forensic quality grade, and its Altman Z-score is 9.4, placing it in the Safe zone. 3 forensic signals were flagged in its latest SEC filings, led by return on invested capital.
What the filings flag
-3%Return on invested capital.Return on invested capital is -3% and slipping from 9% — well below its ~9% cost of capital, so reinvested dollars may be destroying value, not building it.
1% of revStock-based comp load.Stock-based compensation ran 1% of revenue and 15% of free cash flow in FY2025 — about $0.60 per diluted share. Meaningful — reported free cash flow flatters the economics, since SBC is a real cost paid in shares.
$67MGoodwill impairments.Took $67M of goodwill writedowns across 1 year(s) (FY2025 ($67M)). Writedowns mean past acquisitions underperformed what was paid for them — worth weighing on capital-allocation skill.
Key fundamentals
Net Margin-7.6%
Debt / Equity0.00x
Free Cash Flow$71.1M
Latest Revenue$810.8M
Return on Equity-5.2%
Revenue Growth YoY-2.3%
Go deeper — free with an account
The forensic grade and screens above are free — no account needed. An account adds the full interactive deep-dive on ROGERS CORP:
🔒The written investment read — what the numbers mean, in plain English
🔒Ask anything about ROG's filings — AI Q&A across the 10-K, 10-Qs & 8-Ks
🔒Interactive valuation — reverse-DCF sliders, Monte Carlo & scenario stress
🔒Calibrated 12-month price forecast, with the math shown